Tammy Dobbs
Meyer & Company Real Estate
(314) 270-1804
51 Total Sales
1 in Old Town Saint Charles
$253,000 Price
568 Madison St Saint Charles, MO 63301
Old Town Saint Charles NeighborhoodEstimated Value: $407,832
6
Beds
6
Baths
2,868
Sq Ft
6,229
Sq Ft Lot
Highlights
- A-Frame Home
- No HOA
- Shed
- Wood Flooring
- Stainless Steel Appliances
- Central Air
About This Home
As of March 2026Exceptional investment opportunity in the heart of Historic St. Charles! This fully furnished duplex at 568 Madison Street is currently operating as a successful Airbnb/VRBO with proven gross income of $75,000 in the past year — documentation available for qualified buyers.
Offered completely turnkey, the property is being sold with all furniture, décor, housewares, and operational setup included, allowing a new owner to step in and begin generating income immediately from day one.
The duplex layout offers flexibility for multiple investment strategies, including short-term rental, long-term duplex leasing, or owner-occupancy with supplemental rental income. However, the highest and best use is its continued operation as a short-term rental.
A major value-add: the existing short-term rental permit transfers with the sale, which is extremely rare, as the City of St. Charles is no longer issuing new Airbnb permits. This creates a strong barrier to entry and enhances the long-term income potential and uniqueness of the asset.
Located just minutes from Historic Main Street, restaurants, shopping, riverfront attractions, and major commuter routes, this property is ideally positioned to attract year-round visitors and maximize occupancy. Investment Highlights:
-Duplex configuration
-Currently operating as Airbnb/VRBO
-$75,000 proven gross annual income 2025
-Sold fully furnished – turnkey operation
-Transferable short-term rental permit
-No new Airbnb permits allowed in St. Charles City
-Ideal for investors or owner-operators
-Prime location near Historic Main Street & attractions
-A rare opportunity to acquire a cash-flowing short-term rental asset in one of St. Charles’ most desirable and supply-constrained markets.
Last Agent to Sell the Property
McKelvey Properties License #2002027820 Listed on: 02/11/2026
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,289
Year Built
- Built in 1920
Lot Details
- 6,229
Home Design
- 2,868 Sq Ft Home
- Loft
- A-Frame Home
- Brick Exterior Construction
- Shingle Roof
Kitchen
- Dishwasher
- Stainless Steel Appliances
Flooring
- Wood
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Schools
- Harris Elem. Elementary School
- Jefferson / Hardin Middle School
- St. Charles High School
Additional Features
- Shed
- Central Air
Listing and Financial Details
- Assessor Parcel Number 6-009D-B186-00-0011.0000000
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Net Operating Income $90,000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2026
Closed on
Mar 5, 2026
Sold by
Bought by
Seller's Agent
Kim Richter
McKelvey Properties
Buyer's Agent
Anthony Tiller
Keller Williams Realty West
List Price
$399,000
Views
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,500
Outstanding Balance
$272,423
Interest Rate
6.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 2019
Sold by
Bought by
Purchase Details
Closed on
Aug 1, 2008
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Old Town Saint Charles, MO
-
Tammy Dobbs
-
Kathy Renaud
Kathy Renaud
Coldwell Banker Realty - Gundaker
(314) 916-3084
315 Total Sales
4 in Old Town Saint Charles
$305K - $508K Price Range
-
Cindy McReynolds
Cindy McReynolds
RE/MAX Results
(314) 208-2201
44 Total Sales
1 in Old Town Saint Charles
$335,000 Price
-
Angie Harness
Angie Harness
Keller Williams Chesterfield
(636) 251-5503
122 Total Sales
4 in Old Town Saint Charles
$55K - $273K Price Range
-
Roxann Taylor
Roxann Taylor
Worth Clark Realty
(314) 916-6180
80 Total Sales
1 in Old Town Saint Charles
$220,000 Price
-
Nancy Harrison
Nancy Harrison
Jenah Realty Group
(314) 310-3655
145 Total Sales
1 in Old Town Saint Charles
$287,500 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Investors Title | ||
| -- | Investors Title Company | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $273,500 | ||
| Previous Owner | $145,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/05/2026 03/05/26 | Sold | -- | -- | -- |
| 02/11/2026 02/11/26 | For Sale | $399,000 | -- | $139 / Sq Ft |
Source: MARIS MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $5,289 | $78,499 | ||
| 2025 | $5,289 | $78,499 | ||
| 2023 | $3,805 | $57,048 | $0 | $0 |
| 2022 | $3,432 | $48,173 | $0 | $0 |
| 2021 | $3,436 | $48,173 | $0 | $0 |
| 2020 | $2,702 | $36,494 | $0 | $0 |
| 2019 | $2,679 | $36,494 | $0 | $0 |
| 2018 | $2,548 | $33,091 | $0 | $0 |
| 2017 | $2,515 | $33,091 | $0 | $0 |
| 2016 | $2,325 | $29,522 | $0 | $0 |
| 2015 | $2,309 | $29,522 | $0 | $0 |
| 2014 | $2,301 | $28,755 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Richter
Seller's Agent in 2026
Kim Richter
McKelvey Properties
(314) 333-9844
1 in this area
3 Total Sales
-
Anthony Tiller
A
Buyer's Agent in 2026
Anthony Tiller
Keller Williams Realty West
(636) 368-2642
1 in this area
15 Total Sales
Map
Source: MARIS MLS
MLS Number: MIS26007724
APN: 6-009D-B186-00-0011.0000000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MARIS MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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